- EUR/USD is losing steam below the 200 DSMA.
- In the near term, the market remains under mild pressure below 1.1375 resistance.
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EUR/USD daily chart
EUR/USD is losing steam from recent tops made near the 1.1400 figure. The market is trading below the 200-day simple moving average (DSMA).
EUR/USD 4-hour chart
The market broke below 1.1348 support and the 50 SMA. EUR/USD is now testing 1.1320 support. If broken to the downside, the next support can be seen at 1.1260, according to the Technical Confluences Indicator.
EUR/USD 30-minute chart
EUR/USD is trading below 1.1348 and its main SMAs, suggesting bearish pressure in the near term. Resistances are at 1.1348, 1.1375 and the 1.1415 level, according to the Technical Confluences Indicator.
Additional key levels
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